NIPSCO 2022 True Up Worksheet User Guide

June 12, 2024
NIPSCO

NIPSCO 2022 True Up Worksheet

NIPSCO-2022-True-Up-Worksheet-PRODUCT

Product Information

Specifications

  • Company: Northern Indiana Public Service Company LLC
  • True-Up Year: 2022
  • Effective Year for TU: 2013

Product Usage Instructions

True-Up Worksheet

  1. Enter the source reference for each account in the designated fields.
  2. Calculate the subtotal by adding Line 8, Line 9, and Line 10.
  3. Enter the source reference for Account 561.BA for Schedule 242.
  4. Calculate Account 561 Available excluding revenue credits by subtracting Line 13 from Line 11.
  5. Enter the revenue credits excluding True-Up adjustments in the specified field.
  6. Calculate Schedule 1 Net Expenses by subtracting Line 17 from Line 15.
  7. Calculate the Divisor kW by summing lines 8 to 14.
  8. Fill in the Annual Cost ($/kW/Yr) based on the provided reference.
  9. Calculate the Difference in Divisor by subtracting the Historic Year’s Actual Divisor from the Historic Year’s Projected Divisor.
  10. Calculate the Historic Year Projected Annual Cost ($/kW/Yr) based on the provided formula.
  11. Calculate Historic Year Divisor True-up by multiplying Line 27 with Line 29.
  12. Calculate True-Up Adjustment Principal Under(Over) Recovery by adding Line 19 and Line 31.
  13. Enter the Nineteen (19) Month Average Interest Rate and the Number of Months.
  14. Calculate True-Up Adjustment Interest Under(Over) Recovery using the provided formula.
  15. Calculate the Total True-Up Adjustment Principal & Interest Under(Over) Recovery by adding Line 33 and Line 39.

BASIC WORKSHEET

  1. Enter company details and Rate Year information.
  2. Specify the True-Up Year.
  3. Indicate whether the data is projected or actual.

Frequently Asked Questions

Q: What are the key components of the True-Up Adjustment process?

A: The key components include entering account details, calculating expenses, determining revenue credits, computing adjustments, and factoring in interest rates.

Q: How to calculate the Divisor kW?

A: Sum up the values from Line 8 to Line 14 to calculate the Divisor kW.

Schedule 1| True-Up Adjustment

NIPSCO-2022-True-Up-Worksheet-FIG-1 NIPSCO-2022
-True-Up-Worksheet-FIG-2

Schedule 1| Recoverable Expenses

BASIC WORKSHEET

TU first became effective in 2013 Yellow cells denote manual inputsNIPSCO-2022-True-Up-Worksheet-FIG-3 NIPSCO-2022
-True-Up-Worksheet-FIG-4

Revenue Credits

Sch 1 Revenue Credits (Actual 2022)NIPSCO-2022-True-Up-Worksheet-
FIG-5

Documents / Resources

| NIPSCO 2022 True Up Worksheet [pdf] User Guide
2022 True Up Worksheet, True Up Worksheet, Worksheet
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